SAN DIEGO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of WestRock Co. (NYSE: WRK) breached their fiduciary duties in connection with the proposed merger of the Company with Smurfit Kappa Group Plc (OTC: SMFKY).
You can click or copy and paste the following link to join this investigation:
https://www.johnsonfistel.com/investigations/westrock-co
On September 12, 2023, WestRock announced that it had entered a deal to merge with Smurfit Kappa. Under the terms of the deal, WestRock shareholders will receive one new share of Smurfit WestRock and $5 cash.
The investigation concerns whether the WestRock Co. board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for WestRock Co. shares.
If you are a shareholder of WestRock and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.
Johnson Fistel, LLP is a shareholder rights law firm representing individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information, visit their website http://www.johnsonfistel.com.
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Contact:
Johnson Fistel, LLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com
